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News & Events

delisted following advice that DFH and DFH010 securities will cease to be quoted, and DFH will be delisted from NZSX and NZDX, as of the close of business on Monday, 20 September 2010. DFH has been in suspension since being placed into liquidation on 17 October 2008. DFH is being delisted as part of a process that NZXMS is undertaking to delist issuers that have been in long term suspension on NZX markets

20/09/2010

the Registrar of Companies issues a damning assessment of New Zealand's failed finance companies, saying many lacked adequate governance and ran their businesses "in a similar manner to Ponzi schemes"

reports that the trustee of property lender Dominion Finance Group (one of two subsidiaries of Dominion Finance Holdings) has applied to have the company liquidated in February - the application will go before the High Court in Auckland on 20 February - receiver Rod Partington of Deloitte says the liquidation application will not affect the progress of the receivership

30/01/2009

reports that a letter from Dominion Finance receiver Deloitte to investors suggests management claims they can make good on promises to repay investors' capital should be treated with caution - it effectively rubbished claims by Dominion's management it was best placed to return investors capital, revealing Dominion's lending practices were so poor, debenture holders could expect just 10-25c back from each $1 they put into the company

09/12/2008

apparently the administrators have received a High Court order extending the time for the watershed meeting of DFH creditors, which is now likely to be convened in the New Year

28/11/2008

administrators for Dominion Finance Holdings are holding their first creditors' meeting today - it is the next meeting which is the significant one

28/10/2008

John Cregten and Andrew McKay of Corporate Finance are appointed administrators and the NZX suspends trading in the company's shares indefinitely

16/10/2008

Dominion Finance Holdings, whose shares last traded at 1 cent, was publicly censured by the stock exchange and fined NZ$65,000 after failing to file an annual report by the due date

01/10/2008

DOMINION FINANCE HOLDINGS LIMITED

delisted following advice that DFH and DFH010 securities will cease to be quoted, and DFH will be delisted from NZSX and NZDX, as of the close of business on Monday, 20 September 2010. DFH has been in suspension since being placed into liquidation on 17 October 2008. DFH is being delisted as part of a process that NZXMS is undertaking to delist issuers that have been in long term suspension on NZX markets

20/09/2010

the Registrar of Companies issues a damning assessment of New Zealand's failed finance companies, saying many lacked adequate governance and ran their businesses "in a similar manner to Ponzi schemes"

reports that the trustee of property lender Dominion Finance Group (one of two subsidiaries of Dominion Finance Holdings) has applied to have the company liquidated in February - the application will go before the High Court in Auckland on 20 February - receiver Rod Partington of Deloitte says the liquidation application will not affect the progress of the receivership

30/01/2009

reports that a letter from Dominion Finance receiver Deloitte to investors suggests management claims they can make good on promises to repay investors' capital should be treated with caution - it effectively rubbished claims by Dominion's management it was best placed to return investors capital, revealing Dominion's lending practices were so poor, debenture holders could expect just 10-25c back from each $1 they put into the company

09/12/2008

apparently the administrators have received a High Court order extending the time for the watershed meeting of DFH creditors, which is now likely to be convened in the New Year

28/11/2008

administrators for Dominion Finance Holdings are holding their first creditors' meeting today - it is the next meeting which is the significant one

28/10/2008

John Cregten and Andrew McKay of Corporate Finance are appointed administrators and the NZX suspends trading in the company's shares indefinitely

16/10/2008

Dominion Finance Holdings, whose shares last traded at 1 cent, was publicly censured by the stock exchange and fined NZ$65,000 after failing to file an annual report by the due date